"Back then, the clubs put in place a revenue sharing system that was right for the time and has served the League well, enabling them to invest and improve in all areas."

"This new agreement will continue that trend with a subtle change that further incentivises on-pitch achievement and maintains the Premier League’s position as the most equitable in Europe in terms of sharing central revenues."

"By coming together and agreeing this change, the clubs have provided a platform for the future success of the League for many years ahead."

It has also been announced that Amazon Prime Video has secured the right to broadcast 20 live Premier League matches a season for three years from the 2019-20 campaign.

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